With application-driven data breaches increasing each year, there is an
ever-growing need to secure the world’s software supply chain.
Enterprise organizations have assumed unbounded risk as their investment
in outsourced, commercial, SaaS, mobile and open source software
increases. Veracode helps protect these organizations by identifying
software vulnerabilities across the supply chain, and working with
customers, developers and software vendors to correct flaws. The
Veracode platform helps ensure applications, and the organizations that
use them, are protected against hackers and data loss, while encouraging
developers to deliver more secure software.

"It is a great honor to be recognized by Forbes as one of America's Most
Promising Companies," said Bob Brennan, CEO of Veracode. “It further
validates the amazing work of our employees and recognizes our continued
growth, which is driven by the critical need to secure the world’s
software. We take great pride in working with software providers and
large enterprises to make them more competitive and more secure.”

In 2012, Veracode experienced unprecedented growth, expanding its number
of employees by 30 percent and completing its first
acquisition, which deepened the company’s mobile security offering.
Veracode boasts a growing customer base across healthcare, financial
services, media and manufacturing verticals, which include 25% of the
Global 20.

Forbes Methodology

For the Most Promising list, Forbes strove for a holistic gauge of
young, privately-held companies, trying to pin down their trajectories
by looking at a slew of variables. Over the course of six months Forbes
reviewed thousands of applications, and the final assessment is based on
growth (both in sales and hiring), quality of management team and
investors, margins, market size and key partnerships. Forbes turned to
CB Insights, a Manhattan-based data research firm that specializes in
assessing private companies, to refine the search.

About Veracode

Veracode
is the only independent provider of cloud-based application
intelligence and security
verification services. The Veracode platform provides the fastest,
most comprehensive solution to improve the security of internally
developed, purchased or outsourced software applications and third-party
components. By combining patented static, dynamic and manual testing,
extensive eLearning capabilities, and advanced application analytics,
Veracode enables scalable, policy-driven application risk management
programs that help identify and eradicate numerous vulnerabilities by
leveraging best-in-class technologies from vulnerability
scanning to penetration
testing and static
code analysis. Veracode delivers unbiased proof of application
security to stakeholders across the software supply chain while
supporting independent audit and compliance requirements for all
applications no matter how they are deployed, via the web, mobile or in
the cloud. Veracode works with customers in more than 80 countries
worldwide representing Global 2000 brands. For more information, visit www.veracode.com,
follow on Twitter: @Veracode
or read the Veracode
Blog.